PPG Reports First Quarter 2020 Financial Results
PPG Industries, Inc. (PPG)
Last ppg industries, inc. earnings: 4/27 04:20 pm
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Source: Business Wire
First quarter net sales of about $3.4 billion, approximately 7% lower than the prior year and down nearly 5% in constant currenciesFirst quarter reported earnings per diluted share (EPS) of $1.02 and adjusted EPS of $1.19Net sales and EPS includes an estimated unfavorable impact from the effects of the COVID-19 pandemic of approximately $225 million and $0.35, respectivelyRapid implementation of cash and cost management actionsCash and short-term investments of approximately $1.9 billion at quarter-end; supplemented by an additional $700 million from recent April short-term borrowingCompleted bolt-on acquisitions of ICR and Alpha Coating Technologies PITTSBURGH--(BUSINESS WIRE)--PPG (NYSE:PPG) today reported first quarter 2020 net sales of about $3.4 billion, down approximately 7% versus the prior year. Selling prices increased more than 1%. Sales volumes were down 8% versus the prior year, in aggregate, including an estimated impact of the COVID-19 pandemic of $225 million, or abo
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PPG
Earnings
- 4/18/24 - In-Line
PPG
Sec Filings
- 4/23/24 - Form 8-K
- 4/22/24 - Form 8-K
- 4/19/24 - Form 10-Q
- PPG's page on the SEC website